An Analytical Study of Surplus Value using a Value Driven Design Methodology

Research output: Chapter in Book/Report/Conference proceedingConference contribution

7 Citations (Scopus)

Abstract

People are now becoming more environmentally aware and as a consequence of this, industries such as the aviation industry are striving to design more environmentally friendly products. To achieve this, the current design methodologies must be modified to ensure these issues are considered from product conception through to disposal. This paper discusses the environmental problems in relation to the aviation industry and highlights some logic for making the change from the traditional Systems Engineering approach to the recent design paradigm known as Value Driven Design. Preliminary studies have been undertaken to aid in the understanding of this methodology and the existing surplus value objective function. The main results from the work demonstrate that surplus value works well bringing disparate issues such as manufacture and green taxes together to aid decision making. Further, to date studies on surplus value have used simple sensitivity analysis, but deeper consideration shows non-linear interactions between some of the variables and further work will be needed to fully account for complex issues such as environmental impact and taxes.
Original languageEnglish
Title of host publication11th AIAA Aviation Technology, Integration and Operations (ATIO) Conference, including the AIAA Balloon Systems Conference and 19th AIAA Lighter-Than-Air Technology Conference 2011 Desc: Proceedings of a meeting held 20-22 September 2011, Virginia Beach, Virginia, USA. Co-located with the Navy Centennial
Pages1-19
Number of pages19
Publication statusPublished - 20 Sept 2011
Event11th AIAA Aviation Technology, Integration, and Operations (ATIO) Conference, including the AIAA Balloon Systems Conference and 19th AIAA Lighter-Than Air Symposium - Virginia Beach, United States
Duration: 20 Sept 201122 Sept 2011

Conference

Conference11th AIAA Aviation Technology, Integration, and Operations (ATIO) Conference, including the AIAA Balloon Systems Conference and 19th AIAA Lighter-Than Air Symposium
Country/TerritoryUnited States
CityVirginia Beach
Period20/09/201122/09/2011

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